Make Every Dollar Count: The Power of Recurring Contributions to Your 529 Accounts

For many families, saving for college or other higher education can feel like a race against time and inflation, but using recurring contributions to spread your contributions evenly throughout the year makes it more manageable. Alaska 529 has partnered with our program manager, T. Rowe Price, to offer insights in this informative article.

Here are some key insights from the article:

• Scheduling recurring contributions keeps you consistently invested—no market-timing decisions or lump-sum planning required.
• Investing a consistent dollar amount regularly results in an investor buying more shares (or units in a mutual fund) when prices dip and fewer when they rise, potentially reducing the overall average cost of investing.
• You can make automated investing a lasting, adaptable habit by starting with a small recurring contribution and scaling up as your income rises.